Planning Alternatives Ltd. ADV Buys 23,897 Shares of iShares Bitcoin Trust ETF $IBIT

Planning Alternatives Ltd. ADV raised its stake in iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 101.5% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 47,435 shares of the company’s stock after purchasing an additional 23,897 shares during the period. iShares Bitcoin Trust ETF accounts for approximately 0.2% of Planning Alternatives Ltd. ADV’s investment portfolio, making the stock its 23rd largest holding. Planning Alternatives Ltd. ADV’s holdings in iShares Bitcoin Trust ETF were worth $1,822,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in IBIT. Laurore Ltd bought a new stake in shares of iShares Bitcoin Trust ETF in the 4th quarter valued at about $436,239,000. Mubadala Investment Co PJSC raised its stake in shares of iShares Bitcoin Trust ETF by 45.6% during the 4th quarter. Mubadala Investment Co PJSC now owns 12,702,323 shares of the company’s stock worth $630,670,000 after acquiring an additional 3,975,351 shares in the last quarter. Marshall Wace LLP raised its stake in shares of iShares Bitcoin Trust ETF by 229.8% during the 4th quarter. Marshall Wace LLP now owns 3,447,749 shares of the company’s stock worth $171,181,000 after acquiring an additional 2,402,259 shares in the last quarter. Morgan Stanley lifted its position in iShares Bitcoin Trust ETF by 21.5% during the fourth quarter. Morgan Stanley now owns 13,440,659 shares of the company’s stock valued at $667,329,000 after acquiring an additional 2,374,482 shares during the last quarter. Finally, Consolidated Portfolio Review Corp boosted its stake in iShares Bitcoin Trust ETF by 27,185.5% in the fourth quarter. Consolidated Portfolio Review Corp now owns 2,142,185 shares of the company’s stock valued at $106,359,000 after acquiring an additional 2,134,334 shares in the last quarter.

iShares Bitcoin Trust ETF Price Performance

NASDAQ IBIT opened at $36.35 on Monday. The firm’s fifty day simple moving average is $38.24 and its two-hundred day simple moving average is $41.54. iShares Bitcoin Trust ETF has a 12-month low of $32.84 and a 12-month high of $71.82.

iShares Bitcoin Trust ETF Profile

The IShares Bitcoin Trust Registered (IBIT) is an exchange-traded fund that mostly invests in long btc, short usd currency. The fund is a passively managed fund that seeks to track the spot price of Bitcoin. IBIT was launched on Jan 5, 2024 and is issued by BlackRock.